5) Find the simple interest on RS 15000 ton months at the rate of 12 – InterviewSolution

1.	5) Find the simple interest on RS 15000 ton months at the rate of 12% peranchAS, 3120- RS. 1620
Answer» The simple interest to the sum RS. 15,000 for 2 years at a rate of interest 5% per ANNUM isS.I.= 100PRT ⇒ 10015,000×2×5 =1,500.The interest will be Rs. 1,500 and the AMOUNT at the end of 2 years. =P+I=15000+1500= Rs. 16,500 Step-by-step EXPLANATION:

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